Latest EPFO HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on EPFO.
According to The Hindu report, the Government of India has formed four ad-hoc board-level committees...
The government has approved . per cent rate of interest on employees provident fund EPF f...
EPFO, Employees Provident Fund Organisation is planning to bring some festive cheer to the salarie...
The provisional payroll data of EPFO published on 20th September, 2021 reveals that EPFO has added around 14.65 lakh net subscribers during July, 2021. The data highlights a growing trend in net payroll additions for last four months. For the month of July 2021, the net subscriber addition has increased by 31.28% as compared to […]
Recently, the Central Board of Direct Taxes (CBDT) has announced that employees who are contributing more than Rs 2.5 lakhs in Employee Provident Fund Organisation (EPFO) in a fiscal year are required to maintain two separate accounts from the financial year 2022. According to Union Budget 2021 guidelines, interest on annual PF contributions of more […]
According to ANI report, Union Finance Minister, Nirmala Sitharaman on Saturday said that the Central Government will pay provident fund (PF) contribution for each employer and the employee till 2022 for those that have been known as again to work for small scale jobs in the formal sector after shedding their job. She also highlighted […]
EPFO (Employees’ Provident Funds Organization) has a growing trend and added 12.83 lakh net subscribers during the month of June 2021. With respect to payroll data, the impact of the second wave of COVID-19 pandemic waned during June 2021, leading to tremendous growth in net payroll additions as compared to April and May 2021. Month-on-month analysis […]
EPFO (Employees’ Provident Fund Organisation) is likely to credit the Employees Provident Fund (EPF) interest to accounts of its subscribers very soon, it has been confirmed in a tweet. As per the reports, earlier, the retirement body EPFO was expected to credit the interest amount to the EPF accounts by end of July 2021 for FY 2020-21 but there is a delay in depositing […]
Employees’ Provident Fund Organisation (EPFO) has finalized the interest rates on provident fund deposits for 2020-21 at 8.5%. EPFO is expected to credit 8.5% interest for the financial year 2020-21 till the end of July. According to sources, the interest amount is likely to be credited to the accounts of subscribers by end of July 2021, […]
The provisional payroll data of EPFO published on 20th July 2021 highlights that EPFO has added around 9.20 lakh net subscribers during the month of May, 2021. However, this is 28% less than the previous month. In the month of April this year, EPFO had added 12.76 lakh net subscribers. The Labour Ministry said, “Despite the crisis of […]
The government of India on Monday extended the wage subsidy scheme till 31 March 2022 via the Employees Provident Fund Organisation (EPFO) under Aatma Nirbhar Bharat Rozgar Yojana to boost job creation at the lower end of the salary structure informal jobs. Aatma Nirbhar Bharat Rozgar Yojana was launched on 1st Oct, 2020. It incentivises employers for […]
EPFO (Employees’ Provident Fund Organisation) has added around 12.76 lakh net subscribers during April, 2021. Despite the second wave of COVID-19 pandemic, April 2021 registered an increase of 13.73% net subscribers addition as compared to the previous month during which around 11.22 lakh net subscribers were added to the payroll. Data reflects that the numbers of […]
EPFO allows its subscribers to avail second COVID-19 advance amidst second wave of Covid-19 pandemic To support its subscribers during the second wave of COVID-19 pandemic, EPFO has now allowed its members to avail second non-refundable COVID-19 advance. The provision for special withdrawal to meet the financial need of members during pandemic was introduced in […]
Govt rolls out pension scheme for families of workers who died due to COVID-19 The Ministry of Labour and Employment has announced additional benefits for workers through ESIC and EPFO schemes to address the fear and anxiety of workers about the well-being of their family members due to increasing incidences of death due to COVID […]
Govt rolls out measures to help families who lost earning member due to COVID-19 Prime Minister Narendra Modi chaired an important meeting to discuss and deliberate on steps which can be taken to support children who have lost their parents due to Covid-19. PM announced a number of benefits to children impacted by the current […]
